Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-326-000"
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"en.20121120.28.2-326-000"2
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The current economic and financial crisis is having profound, long-term consequences for the European economy, the employment rate, national treasuries and social investments in Europe. As a result of the crisis the pressure on social security systems in many countries has increased and income from pension, unemployment and health systems has fallen sharply. High long-term unemployment rates will further intensify this trend. Unfortunately the majority of recent responses to the crisis lack a social and employment policy dimension. Social investments should contribute to European financial and employment policy as a key component and represent a response by the EU to the crisis. There is a pressing need to create a coordinated EU approach to social investments. The report should therefore be approved."@en1
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